Shares of The Renewables Infrastructure Group Limited (LON:TRIG - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 72.17 ($0.93) and last traded at GBX 72.21 ($0.93), with a volume of 4712367 shares trading hands. The stock had previously closed at GBX 73.50 ($0.95).
The Renewables Infrastructure Group Stock Performance
The firm has a market cap of £1.77 billion, a price-to-earnings ratio of -47.66 and a beta of 0.22. The company's fifty day moving average is GBX 79.11 and its two-hundred day moving average is GBX 90.36.
Insider Activity
In other news, insider Richard Morse purchased 48,365 shares of the company's stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of GBX 83 ($1.07) per share, with a total value of £40,142.95 ($51,870.98). Company insiders own 0.08% of the company's stock.
The Renewables Infrastructure Group Company Profile
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TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future.
TRIG's diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe.
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